📘IFRS for SMEs: New Changes Unveiled
The IFRS Foundation just dropped the marked-up version of the IFRS for SMEs Accounting Standard. This new edition highlights all the changes, making it easier for stakeholders to navigate the updates.
Key Points
- •📅 Mark Your Calendar: The first educational module update rolls out in May 2025
- •📘 New Resource: Full text of the Standard with all changes marked up
- •🔍 Spot the Difference: Helps stakeholders assess the effects of changes
- •📊 IFRS for SMEs: Third edition now available
- •🔜 Coming Soon: More updated educational modules on the way
🔍 What's New
The IFRS Foundation has just released a handy new resource to help you navigate the latest updates to the IFRS for SMEs Accounting Standard. This marked-up version highlights all the changes between the second and third editions, making it easier for stakeholders to see what's different at a glance.
📅 Save the Date
In case you were wondering when the educational modules will be updated to reflect these changes, the IFRS Foundation has you covered. The first module to get a facelift—Module 11 Financial Instruments—is set to be published in May 2025. So, mark your calendars!
"This update is crucial for stakeholders to understand the implications of the new standards," said an IFRS spokesperson.
📘 How to Access
You can access the marked-up Standard here. For those eager to dive into the updated educational modules, keep an eye on the supporting materials page for the latest releases.
- Full text with changes marked up
- Educational modules being updated
- Easy access for all stakeholders